Morgan Stanley Upgrades Alcon to Equal-Weight, Raises Price Target to $85
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Patrick Wood has upgraded Alcon (NYSE:ALC) from Underweight to Equal-Weight and raised the price target from $65 to $85.
July 15, 2024 | 12:41 pm
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Morgan Stanley has upgraded Alcon from Underweight to Equal-Weight and increased the price target from $65 to $85, indicating a more positive outlook on the stock.
The upgrade from Underweight to Equal-Weight and the significant increase in the price target from $65 to $85 by a reputable analyst at Morgan Stanley suggests a more favorable view of Alcon's future performance. This is likely to positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100